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Gloucester Quays hails year of record sales as it begins 15th anniversary birthday celebrations

The Gloucester Quays outlet centre has been boosted by a year of record sales and footfall as it celebrates its 15th anniversary. In the period April… View Article

UK HIGH STREET NEWS

Gloucester Quays hails year of record sales as it begins 15th anniversary birthday celebrations

The Gloucester Quays outlet centre has been boosted by a year of record sales and footfall as it celebrates its 15th anniversary.

In the period April 2023 to March 2024, sales and footfall rose by 11% and 7% respectively following a strong performance by the destination’s retail offer where there was growth of 12%.

Trade was bolstered by the additions of Next and Puma as well as upsizes from the likes of Mountain Warehouse, Hallmark and Yankee Candle.

Gloucester Quays’ F&B offering also increased its revenue year-on-year with an uplift of 9.5% which was supported by the addition of new Turkish restaurant brand Anatolian Palace.

Paul Carter, asset director at Peel Retail & Leisure, said: “This time last year, we were celebrating a +6% increase in sales, in the context of a challenging retail environment. Now, we have raised the bar again, the +11% sales and +7% footfall increases are a clear indication that our visitors are dedicated to spending their time and money at Gloucester Quays.”

The top 10 UK outlet is celebrating its 15th anniversary after launching in 2009.

Mark Whittaker, executive director – Peel Retail & Leisure, added: We’re proud of the journey the destination has taken, and this landmark moment, alongside record performance, only gives us more reasons to be excited about the future of Gloucester Quays.”

 

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